Tagged: banking

October 14, 2021 @ 11:47 am By Omar Faridi  |  

Cognizant reveals that it has entered an agreement with Alveo to provide a comprehensive Environmental, Social and Governance (ESG) data management solution to the financial services sector. Through the partnership. companies will have the option to operationalize ESG data, integrate it into business processes for… Read More

October 13, 2021 @ 7:57 pm By Omar Faridi  |  

TD Bank (NYSE: TD) reveals that it has expanded its working relationship with Autobooks in order to add invoicing as a feature to its TD Business Simple Checking, which should make it easier for small and micro businesses to process invoices and “get paid faster.”… Read More

October 13, 2021 @ 6:44 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY), a provider of tech solutions and payment processing services for the financial services sector, announced on October 12, 2021 that Finicity, Akoya, and Plaid are among the first Open Banking platforms to integrate to the Banno Digital Platform by… Read More

October 13, 2021 @ 9:19 am By JD Alois  |  

Temenos (SIX: TEMN) and Green Dot (NYSE: GDOT) are working together to power a digital banking service. Green Dot will use the Temenos Banking Cloud as its platform of choice to power its banking platform services (BaaS) partners. This will enable it to embed financial… Read More

October 13, 2021 @ 8:15 am By Omar Faridi  |  

Lunar, the financial services firm that provides Nordic consumers and businesses a new way to bank and make payments, announces the acquisition of Paylike in order to make online payments simpler and faster for digital commerce businesses and consumers. Being able to take payments and… Read More

October 12, 2021 @ 4:01 pm By Omar Faridi  |  

Planixs, the provider of real-time, intraday cash, collateral and liquidity management services, has revealed that its Realiti software suite has been chosen by Nord/LB as the bank “embarks on a digital transformation project to overhaul its treasury operations.” NORD/LB Norddeutsche Landesbank is reportedly one of… Read More

October 12, 2021 @ 12:00 pm By Omar Faridi  |  

Atomic, the provider for payroll connectivity, announced on October 12, 2021 that it has acquired $22 million in Series A financing in order to expand its payroll integration platform and grow its team of professionals. The investment round comes as the company’s solution is on… Read More

October 11, 2021 @ 10:07 pm By JD Alois  |  

Last week, Oportun (Nasdaq:OPRT), an online lender that utilizes artificial intelligence, said it had decided to voluntarily withdraw its application for a national bank charter from the Office of the Comptroller of the Currency (OCC). The OCC is the main bank regulator in the United… Read More

October 11, 2021 @ 7:58 am By JD Alois  |  

Bank North, a challenger bank that recently received its banking license, has added to its executive team as it prepares to offer SME lending starting a regional market estimated to be around £150 billion. Bank North received its banking license in August. It has previously… Read More

October 11, 2021 @ 7:12 am By Omar Faridi  |  

Silicon Valley-headquartered Mbanq, a Banking-as-a-Service (BaaS) provider that claims to be one of the fastest-growing Fintech firms, has entered into an agreement with Temenos (SIX: TEMN), the Open Cloud banking firm, in order to introduce an innovative Credit-Union-as-a Service (CUaaS) offering, and to “accelerate BaaS… Read More

October 10, 2021 @ 10:52 am By Omar Faridi  |  

Moorwand, a BIN sponsor and issuer that aims to transform compliance into an “enabler of innovation,” has been chosen by OneFor, a digital wallet and money transfer and payments service for the remittance market. Moorwand is offering issuing, acquiring and digital banking solutions that will… Read More

October 9, 2021 @ 7:45 pm By Omar Faridi  |  

Monese, the pan-European Fintech firm, reveals that it has appointed Atul Choudrie to the MD role at its banking-as-a-service (BaaS) division; Steve Tryner as Chief Financial Officer; and Stephen Chang as VP Operations at Monese. As first reported by Finextra, these appointments aim to bring… Read More

October 7, 2021 @ 4:47 pm By Omar Faridi  |  

Teenagers can be quite the experts when it comes to spending money. The problem is, many never really learn how to save their money, manage it effectively, and make it grow over an extended period of time. A third or over 30% of US teenagers… Read More

October 7, 2021 @ 3:08 pm By Omar Faridi  |  

Pagaya Technologies Ltd., a financial tech firm that enables financial institutions to expand access to more clients via its partnerships and AI network, reveals that it has hired Leslie Gillin, ex- President at Chase Co-Brand Cards, CMO of Citi‘s Global Consumer Bank and, recently, CMO… Read More

October 6, 2021 @ 7:48 am By Omar Faridi  |  

Meniga, the leader in personal finance banking solutions, has teamed up with the Portuguese national financial group, Crédito Agrícola Group, in order to introduce its green banking solution, ‘Carbon Insight’ in Portugal. Meniga’s ‘Carbon Insight’ – which becomes the first bank-based carbon footprinting solution to… Read More

October 5, 2021 @ 11:42 pm By JD Alois  |  

Earlier today it was reported that GoCardless may be raising $200 in a funding round led by JP Morgan. Last year, GoCardless raised growth capital at a valuation of just under $1 billion and expectations are for the Fintech to be firmly in unicorn territory… Read More

October 3, 2021 @ 10:29 pm By Omar Faridi  |  

Chase has teamed up with 10x Banking, the UK-headquartered Cloud-native banking tech business, in order to create a modern technology platform that has “powered Chase’s entry into the UK retail banking market.” During the last two years, 10x and Chase have been working cooperatively to… Read More

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More

October 3, 2021 @ 5:25 pm By Omar Faridi  |  

Modularbank, the next-gen Core banking solution provider, recently revealed that it has launched its new corporate brand identity in order to “better reflect its company values and market offering.” The new company name is Tuum, which means “core” in Estonian, “highlighting both its native roots… Read More

October 3, 2021 @ 5:19 pm By Omar Faridi  |  

Acuity Knowledge Partners, an established provider of research, analytics and technology solutions to the financial services industry, has introduced its retail lending services in order to support commercial and retail banking institutions in the loan origination, processing, underwriting, closing and post-closing processes. Acuity has expanded… Read More